Simple as 1, 2, 3…

Hmm, perhaps not quite that simple, but there are 3 distinct phases to enhancing the workflow of your business. So let’s look at what Octane’s done for some of its existing clients.

1: Reducing costs

Take fictional Task X, which is costing your business 2 minutes in lost time due to inefficiencies each time it’s performed. Now let’s imagine Task X is performed once per hour:

2 minutes × 8 hours = 16 minutes.

16 minutes × 50 weeks = 800 minutes.

800 minutes × 3 employees = 2,400 minutes.

2,400 minutes is 40 hours, which at — for example — £15 per hour is £600 per annum.

So that’s one task, and I’ve seen much worse. Each time you add an employee, Task X costs your business another £200 per annum. Imagine what would happen if that process was to occur at the management level, or take 3-5 minutes.

Whether you’re in academia, event management, healthcare, or manufacturing, chances are Octane knows how to help you and your business:

Reduce data error, loss, and duplication.

Improve efficiencies, and provide more accurate data.

Save costs over time (increase ROI).

Automate complex business processes.

2: Explore new ideas

Once the first phase is complete, your business starts to save both time and costs, month over month.

With the recovered time, we begin exploring new ideas.

With the saved finances, we begin funding those ideas.

Both of those things were either infeasible or impractical before.

3: Expand your business

Over time, the cost benefit of the software comes into its own:

Each new idea becomes a new method of improving services, saving time, and reducing costs.

Enjoying an increase in the bandwidth of business processes, the team grows.

You enter into a positive feedback loop of ideas and expansion, resulting in a growth in profits.

What would it cost?

What we do depends on what you need. However, anything from £10,000-80,000 and above over several years is not uncommon. Does that sound like a lot? As an expense, perhaps, but we deal in investments — and over the lifetime of the application, three things would be happening:

a continual saving of time and costs;

each new idea (as a distinct feature) would increase turnover;

the software would be earning its keep … and then some.

Together, we build and maintain a platform that gives your business an edge over its competitors.